New Delhi, Feb. 1 -- Retail investors, high net worth individuals (HNIs) and proprietary traders have created derivatives positions that indicate that the stock markets could move within a 4% range on Saturday, when Union finance minister Nirmala Sitharaman presents the Budget for fiscal year 2025-26.

The positions were created on a day the markets rose for the fourth straight session. On Friday, the Nifty50 settled 1.11% higher at 23,508.4 points while the Sensex ended 0.97% higher at 77,500.57.

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Broader markets like the Nifty Midcap 150 and the Nifty Smallcap 250 outperformed, rising 1.7% each amid optimism that Sitharaman would announce some form of s...